Breaking news: U.S. President Trump candidly stated in an interview with The New York Times that he will not consider pardoning FTX founder Sam Bankman-Fried (SBF).
Speaking of SBF, this guy's experience is indeed considered one of the "greatest crashes" in the crypto world. In 2023, he was convicted on multiple charges including embezzlement of customer funds and financial fraud. This case has become one of the most iconic criminal cases in the history of the crypto industry. From a once glamorous industry newcomer to a prisoner overnight, the stark contrast has left many with a deep impression.
Trump's statement sends a clear signal: don't expect a pardon from the highest levels of power. For the entire crypto ecosystem, this may also serve as a certain "tone-setting" — the cost of illegal activities is high.
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MetaMaskVictim
· 6m ago
Oh no, Trump's words have sealed the coffin lid. SBF really has no chance this time.
This guy was so arrogant back then, and now... Hey, the crypto circle is going to be stigmatized again for a while.
Pardon? Wake up, everyone. It's impossible. Who told you to be involved with FTX?
Basically, it's a warning — don't cross the line, or you can't afford the consequences.
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FastLeaver
· 01-09 03:22
Now SBF is completely out of the game, even Trump has spoken out, what else are you waiting for?
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SellLowExpert
· 01-09 03:20
SBF is really out of luck this time. Trump is shutting down directly, and he has no place on the pardon list.
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DAOplomacy
· 01-09 03:09
ngl, the governance implications here are... non-trivial. sbf's case arguably established some pretty sticky precedent on how institutional actors treat crypto misconduct. can't really separate the optics from the actual incentive structures at play.
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FUD_Whisperer
· 01-09 03:07
SBF is really done this time, not even giving Trump face.
Short sellers, say a few words—this time is it truly illegal, or is the crypto circle just shifting blame again?
I just want to know how this guy is doing in prison right now.
Pardon? Wake up, they've long abandoned the car to save the general.
What does this matter? Crypto investors, be a bit more cautious.
Breaking news: U.S. President Trump candidly stated in an interview with The New York Times that he will not consider pardoning FTX founder Sam Bankman-Fried (SBF).
Speaking of SBF, this guy's experience is indeed considered one of the "greatest crashes" in the crypto world. In 2023, he was convicted on multiple charges including embezzlement of customer funds and financial fraud. This case has become one of the most iconic criminal cases in the history of the crypto industry. From a once glamorous industry newcomer to a prisoner overnight, the stark contrast has left many with a deep impression.
Trump's statement sends a clear signal: don't expect a pardon from the highest levels of power. For the entire crypto ecosystem, this may also serve as a certain "tone-setting" — the cost of illegal activities is high.